Filed in Ocean Cargo
Friday, September 12, 2014
The Nicaragua Canal will be three times the length of the Panama Canal, crossing the major Lago de Nicaragua, one of the largest freshwater reservoirs in the region.
Tuesday, August 26, 2014
The transpacific U.S.-flag carrier has been ranked number one in the ocean carrier category for Logistics Management magazine's Quest for Quality award
Monday, August 11, 2014
The current shortage of officer corps seafarers is forecast to worsen and risks impacting ocean cargo carrier profitability, according to Drewry’s recently published Manning 2014 Annual Report.
Friday, August 01, 2014
The P3 Network was nixed in June, and now the world’s largest ocean cargo carriers are facing a vexing dilemma: how to reorganize global services and still make money. Meanwhile, shippers will be forced to manage other huge carrier partnerships during this peak season.
Thursday, July 10, 2014
Maersk and MSC have signed a 10-year contract deal to share vessels on some of the world's busiest trade routes.
Tuesday, June 17, 2014
China's Ministry of Commerce – citing anti-trust concerns – noted that the P3 Netword would control 47% of the Asia-to-Europe container shipping market, and failed to demonstrate that it would bring more benefit than harm to shippers’ interest.
Tuesday, May 27, 2014
The United States Senate last week signed off on H.R. 3080 The Water Resources Act of 2014 by a 91-7 margin last week. The bill will now head to the White House to be signed into law by President Obama, which is widely expected by industry stakeholders.
Tuesday, May 13, 2014
Ahead of negotiations between the International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA), which began this week in San Francisco, a letter to ILWU President Robert McEllrath and PMA Chairman and CEO James McKenna pleaded the case for the sides to come to an agreement ahead of the June 30 contract deadline for West Coast dockworkers.
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Analysts say that the Caribbean Basin Partnership Act – which was broadened more than a decade ago – may eventually be replaced by a “Free Trade Area of the Americas” act.